Pape Foundation Agency Co Comerica Bank

DETROIT, MI EIN: 74-3024826

Pape Foundation Agency Co Comerica Bank is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available for 2020. As of 2020, the organization holds $543K in total assets. In 2020, it awarded 1 grants totaling $1K. Net investment income was $21K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$543K

Annual Giving

$1K

Grant Count

Avg Grant Size

$1K

Under IRS private-foundation payout rules, Pape Foundation Agency Co Comerica Bank reported a distributable amount of $27K for 2020 — the minimum it must pay out in qualifying distributions.

About Pape Foundation Agency Co Comerica Bank

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $1K (100%)

States

Texas

Cities

Austin

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	$542,918
Revenue	$26,687
Expenses	$8,568
Qualifying Distributions	—
Net Investment Income	$20,665
Distributable Amount	$27,470

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2020

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Ex-students' Association of Ut ($1,200).

Recipient	Purpose	Amount
EX-STUDENTS' ASSOCIATION OF UT AUSTIN, TX	SUPPORT OF DAILY OPERATIONS	$1,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
MARK A PAPE	PRESIDENT	10	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Pape Foundation Agency Co Comerica Bank?

Pape Foundation Agency Co Comerica Bank is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. It holds $543K in total assets as of 2020.

How large is Pape Foundation Agency Co Comerica Bank?

As of 2020, Pape Foundation Agency Co Comerica Bank holds $543K in total assets with $27K in annual revenue. It awarded 1 grants totaling $1K in 2020.

Where does Pape Foundation Agency Co Comerica Bank operate?

Pape Foundation Agency Co Comerica Bank has awarded grants in Texas.

What size grants does Pape Foundation Agency Co Comerica Bank award?

In 2020, Pape Foundation Agency Co Comerica Bank awarded 1 grants totaling $1K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Pape Foundation Agency Co Comerica Bank required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Pape Foundation Agency Co Comerica Bank reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pape Foundation Agency Co Comerica Bank's EIN?

Pape Foundation Agency Co Comerica Bank's EIN (Employer Identification Number) is 74-3024826. IRS Form 990 filing data is available on this page for 2020.